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Green Impact Partners (TSXV:GIP) Net-Net Working Capital : C$-3.76 (As of Mar. 2024)


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What is Green Impact Partners Net-Net Working Capital?

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Green Impact Partners's Net-Net Working Capital for the quarter that ended in Mar. 2024 was C$-3.76.

The industry rank for Green Impact Partners's Net-Net Working Capital or its related term are showing as below:

TSXV:GIP's Price-to-Net-Net-Working-Capital is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 6.63
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Green Impact Partners Net-Net Working Capital Historical Data

The historical data trend for Green Impact Partners's Net-Net Working Capital can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Green Impact Partners Net-Net Working Capital Chart

Green Impact Partners Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
-2.75 -2.64 -5.47 -3.57

Green Impact Partners Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.37 -3.54 -3.98 -3.57 -3.76

Competitive Comparison of Green Impact Partners's Net-Net Working Capital

For the Utilities - Renewable subindustry, Green Impact Partners's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Green Impact Partners's Price-to-Net-Net-Working-Capital Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Green Impact Partners's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Green Impact Partners's Price-to-Net-Net-Working-Capital falls into.



Green Impact Partners Net-Net Working Capital Calculation

Green Impact Partners's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net-Net Working Capital(A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.615+0.75 * 12.896+0.5 * 0.857-71.641
-0-13.689)/20.5921
=-3.57

Green Impact Partners's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2024 is calculated as

Net-Net Working Capital(Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.979+0.75 * 15.42+0.5 * 1.871-78.805
-0-13.598)/20.7023
=-3.76

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

This is a conservative way of estimating the company's value.


Green Impact Partners  (TSXV:GIP) Net-Net Working Capital Explanation

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.


Green Impact Partners Net-Net Working Capital Related Terms

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Green Impact Partners (TSXV:GIP) Business Description

Traded in Other Exchanges
Address
2207 - 4th Street S.W., Suite 400, Calgary, AB, CAN, T2S 1X1
Green Impact Partners Inc is a clean energy company with an operating portfolio of water and solids treatment and recycling facilities in North America. The company also has a portfolio of renewable natural gas and clean energy development projects. Its services include water and solids recycling management, disposal services, and energy product optimization services. Its operating segments are Water and Industrial, and Energy Production. The Water and Industrial segment consists of water, waste, and solids disposal and recycling services as well as other marketing operations. The Energy Production segment is currently comprised of multiple pre-production renewable energy projects.
Executives
Geeta Hanamantagouda Sankappanavar Director

Green Impact Partners (TSXV:GIP) Headlines

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